Borrowed from another thread, posted by Winner69 a few days ago.
The only thing I disagree with - is 4. The curve is back to being inverted for the moment. See below:
Attachment 14845
So, the impending/ expected recesssion is coming, albeit delayed
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Borrowed from another thread, posted by Winner69 a few days ago.
The only thing I disagree with - is 4. The curve is back to being inverted for the moment. See below:
Attachment 14845
So, the impending/ expected recesssion is coming, albeit delayed
.5966 - for the moment
Possibly low sentiment from consecutive sport losses on the international stage after a long dismal Labour governance - reflecting in low self-esteem and lack of confidence in NZ and NZD.
But despite the losses, I'd rather be in company of Mitchell Santners and Kane Williamsons than Simon O’Donnells. https://www.nzherald.co.nz/sport/cri...HJGLASW4NQKYI/
We may have lost to Indian cricket team, but we have won the Indian hearts. Time to build on that, while cherishing, preserving and celebrating our humane(ity)...
Goldman Sachs thinks that only an unforeseen shock is likely to cause a recession in 2024
https://www.cnbc.com/2023/11/16/gold...n-in-2024.html
Also, on the USD side of the equation, more hawkish Fed jawboning helping shackle NZD...
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
https://www.cnbc.com/2023/11/16/feds...-defeated.html
But USD pre-eminence under rising threat from China and Chinese vassal states ... as yet another is metamorphosed into Hitler...
Xi says U.S. and China can only be adversaries or partners, with no middle ground
https://www.cnbc.com/2023/11/16/xi-s...-partners.html
Biden stands by comment that Xi is a ‘dictator’ hours after their first meeting in a year
https://www.cnbc.com/2023/11/16/us-c...-dictator.html
NAB sees NZD at 60c this Christmas, and at 64c mid 2024 now - despite markets pricing in 0 hikes and 0.5% OCR cut in 2024
You are replying to your own posts now Beacon?
I follow this thread. I’m not knowledgeable on currencies and it’s useful to see what may be impacting movements :t_up: